Menu

Blog

Archive for the ‘business’ category: Page 230

Jun 13, 2018

Juvenescence Completes $50 Million Series A Financing Round

Posted by in categories: biotech/medical, business, life extension

We were interested to learn that Juvenescence Limited, a biotech and development company involved in the development of therapies that target the aging processes, has successfully raised $50 million in a series A financing round.

Jim Mellon, the chairman of Juvenescence Limited, said, “We are delighted with the progress we have made and the faith that investors have placed in us to build a world-class company, one that we hope will lead the field in longevity science for the benefit of humanity as well as yield superb returns for our shareholders. Our company ethos is to advance the science that will add years of healthy life to every human being, and that is exactly what we are executing on at record speed.”

Juvenescence has raised $63 million from various international investors since its creation in October 2016 and is now moving forward with a number of key projects. The company is comprised of a number of industry leaders in business as well as a solid scientific team led by Dr. Declan Doogan and Dr. Annalisa Jenkins.

Continue reading “Juvenescence Completes $50 Million Series A Financing Round” »

Jun 12, 2018

Why fascism is so tempting — and how your data could power it

Posted by in categories: business, cybercrime/malcode, energy, holograms

In a profound talk about technology and power, author and historian Yuval Noah Harari explains the important difference between fascism and nationalism — and what the consolidation of our data means for the future of democracy. Appearing as a hologram live from Tel Aviv, Harari warns that the greatest danger that now faces liberal democracy is that the revolution in information technology will make dictatorships more efficient and capable of control. “The enemies of liberal democracy hack our feelings of fear and hate and vanity, and then use these feelings to polarize and destroy,” Harari says. “It is the responsibility of all of us to get to know our weaknesses and make sure they don’t become weapons.” (Followed by a brief conversation with TED curator Chris Anderson)

Check out more TED Talks: http://www.ted.com

Continue reading “Why fascism is so tempting -- and how your data could power it” »

Jun 11, 2018

Technical Analysis: Can it predict future asset value?

Posted by in categories: bitcoin, business, cryptocurrencies, economics, finance

I love clearing the air with a single dismissive answer to a seemingly complex question. Short, dismissive retorts are definitive, but arrogant. It reminds readers that I am sometimes a smart a*ss.

Is technical analysis a reasoned approach for
investors to predict future value of an asset?

In a word, the answer is “Hell No!”. (Actually, that’s two words. Feel free to drop the adjective). Although many technical analysts earnestly believe their craft, the approach has no value and does not hold up to a fundamental (aka: facts-based) approach.

One word arrogance comes with an obligation to substantiate—and, so, let’s begin with examples of each approach.

Continue reading “Technical Analysis: Can it predict future asset value?” »

Jun 11, 2018

In-orbit services poised to become big business

Posted by in categories: business, government, robotics/AI, satellites

A transition is happening in the satellite business. Fast-moving technology and evolving customer demands are driving operators to rethink major investments in new satellites and consider other options such as squeezing a few more years of service out of their current platforms.

Which makes this an opportune moment for the arrival of in-orbit servicing.

Sometime in early 2019, the first commercial servicing spacecraft is scheduled to launch. The Mission Extension Vehicle built by Orbital ATK on behalf of subsidiary SpaceLogistics, will the first of several such robotic craft that are poised to compete for a share of about $3 billion worth of in-orbit services that satellite operators and government agencies are projected to buy over the coming decade.

Read more

Jun 10, 2018

Another “missing” component could revolutionize electronics

Posted by in categories: business, computing

Business Impact

Another “missing” component could revolutionize electronics.

A new theory predicts the existence of an electronic device that works like an inverse transistor. It could make circuits, smaller, faster, and less power hungry.

Continue reading “Another ‘missing’ component could revolutionize electronics” »

Jun 8, 2018

Volkswagen tests quantum computing in battery research

Posted by in categories: business, information science, internet, quantum physics, robotics/AI

For the first time, Volkswagen experts have succeeded in simulating industrially relevant molecules using a quantum computer. This is especially important for the development of high-performance electric vehicle batteries. The experts have successfully simulated molecules such as lithium-hydrogen and carbon chains. Now they are working on more complex chemical compounds. In the long term, they want to simulate the chemical structure of a complete electric vehicle battery on a quantum computer. Their objective is to develop a “tailor-made battery”, a configurable chemical blueprint that is ready for production. Volkswagen is presenting its research work connected with quantum computing at the CEBIT technology show (Hanover, June 12–15).

Martin Hofmann, CIO of the Volkswagen Group, says: “We are focusing on the modernization of IT systems throughout the Group. The objective is to intensify the digitalization of work processes – to make them simpler, more secure and more efficient and to support new business models. This is why we are combining our core task with the introduction of specific key technologies for Volkswagen. These include the Internet of Things and artificial intelligence, as well as quantum computing.”

The objective is a “tailor-made battery”, a configurable blueprint Using newly developed algorithms, the Volkswagen experts have laid the foundation for simulating and optimizing the chemical structure of high-performance electric vehicle batteries on a quantum computer. In the long term, such a quantum algorithm could simulate the chemical composition of a battery on the basis of different criteria such as weight reduction, maximum power density or cell assembly and provide a design which could be used directly for production. This would significantly accelerate the battery development process, which has been time-consuming and resource-intensive to date.

Continue reading “Volkswagen tests quantum computing in battery research” »

Jun 6, 2018

AMD just unveiled the world’s most exciting GPU, but you’re not going to be playing ‘Fortnite’ on it

Posted by in categories: business, robotics/AI

AMD at Computex 2018 unveiled what may turn out to be one of the most exciting GPU designs in town, the world’s first 7nm GPU, which packs as much as 32GB of high-bandwidth memory.

However, that product won’t really be available for purchase anytime soon, unless you’re in the business of developing machine learning (ML) and artificial intelligence (AI) products.

Don’t Miss : Amazon’s offering a rare discount on the adapter that speeds up your Fire TV Stick or 4K Fire TV.

Continue reading “AMD just unveiled the world’s most exciting GPU, but you’re not going to be playing ‘Fortnite’ on it” »

Jun 5, 2018

Bioquark Inc. — Free Your Mind Podcast — Ira Pastor

Posted by in categories: aging, biotech/medical, business, DNA, education, finance, futurism, health, life extension, neuroscience

http://www.blogtalkradio.com/entrepreneursempower/2018/06/03…ira-pastor

Jun 4, 2018

Oldsmar’s Cryo-Cell buys Orlando cord blood bank for $14 million

Posted by in categories: biotech/medical, business, finance

OLDSMAR — Cryo-Cell International, the local company that was the first private cord bank to separate and store stem cells, has acquired a public cord blood bank company based in Orlando for $14 million.

Cryo-Cell announced the acquisition of CORD: USE on Monday. The sale propels Cyro-Cell into the public cord blood banking business. Cryo-Cell co-CEO David Portnoy said the purchase will raise revenues by about 20 percent.

Cryo-Cell was founded in 1989 and now holds the stem cells of more than 500,000 families from 87 countries, according to the company. CORD: USE has agreements with hospital across the country to receive donations from mothers of babies’ chord blood while also storing families stem cells.

Continue reading “Oldsmar’s Cryo-Cell buys Orlando cord blood bank for $14 million” »

Jun 2, 2018

Google Plans Not to Renew Its Contract for Project Maven, a Controversial Pentagon Drone AI Imaging Program

Posted by in categories: business, drones, ethics, military, robotics/AI

Google ends Pentagon contract to develop AI for recognising people in drone videos after 4,000 employees signed an open letter saying that Google’s involvement is against the company’s “moral and ethical responsibility”.


Google will not seek another contract for its controversial work providing artificial intelligence to the U.S. Department of Defense for analyzing drone footage after its current contract expires.

Google Cloud CEO Diane Greene announced the decision at a meeting with employees Friday morning, three sources told Gizmodo. The current contract expires in 2019 and there will not be a follow-up contract, Greene said. The meeting, dubbed Weather Report, is a weekly update on Google Cloud’s business.

Continue reading “Google Plans Not to Renew Its Contract for Project Maven, a Controversial Pentagon Drone AI Imaging Program” »